Reported 12 months ago
Star Asia and its subsidiary, Star Asia Vision, held a press conference on July 3 to announce that they will hold a special shareholders' meeting on July 30 to amend company bylaws and re-elect supervisors after their initial application to go public on the emerging stock market was withdrawn due to the removal of supervisors. The new listing schedule is estimated to be at the end of August or early September. Earlier, Star Asia was approved to list on June 25 at a reference price of NT$45 per share, but complications arose regarding the replacement of supervisors with an audit committee, leading to the cancellation of their listing. Following negotiations with regulatory authorities, they have taken steps to rectify the situation and are working towards meeting the requirements for public listing.
Source: YAHOO